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Abercrombie raises full-year forecasts on robust apparel demand, shares jump
2+ week, 4+ day ago (324+ words) By Angela Christy M The New Albany, Ohio-based company entered the crucial back-to-school shopping season with momentum at Hollister, its teen-focused brand, which has historically benefited from seasonal spending. That back-to-school momentum at Hollister continued to build as the company…...
Chinese e-commerce giant JD.com offers EU remedies in Ceconomy takeover probe
3+ week, 3+ day ago (148+ words) • The filing did not specify the remedies offered. • The European Commission opened a full-scale investigation into the deal in May under the Foreign Subsidies Regulation that targets unfair foreign state aid, citing concerns that JD.com might have received foreign…...